In a significant move towards advancing Web3 technology, Fuse Network, a leading Web3 payment infrastructure, has announced a groundbreaking initiative—the $10 million Web3 Business Grant Programme. This program is poised to empower global businesses by providing essential funding and infrastructure for seamless integration with Web3 payment systems.
About the Company
Fuse Network is a trailblazer in Web3 payment infrastructure, committed to fostering a thriving ecosystem for Web3 innovation. Founded by Mark Smargon, the CEO and Co-Founder, the company is dedicated to simplifying the complexities associated with Web3 payment infrastructure development. With a focus on driving the evolution of Web3 technology, Fuse Network aims to eliminate barriers and enhance mainstream adoption.
Driving Web3 Evolution
The Web3 Business Grant Program is designed to simplify non-custodial consumer fintech applications, ensuring efficiency and reliability. It invites applicants from various sectors, including businesses, fintech firms, CEXs, startups, and more. Whether it’s bolstering user acquisition strategies, implementing non-custodial mobile solutions, or addressing payment-related pain points, Fuse’s initiative seeks to support diverse use cases that benefit from Web3 technology.
About the Funding
With a commitment to providing essential resources for businesses to flourish in the Web3 landscape, Fuse’s $10 million grant program offers a stablecoin-focused payment system. This system facilitates rapid, cost-effective, and global transactions, liberating businesses from vendor lock-in through open-source API/SDKs and a standard EVM blockchain environment. Successful applicants gain exclusive access to Fuse Network’s tailored ecosystem and robust infrastructure, receiving grants designed to facilitate the development of pioneering payment systems.
Conclusion
Mark Smargon, CEO and Co-Founder at Fuse, emphasizes the company’s dedication to fostering a thriving Web3 innovation ecosystem. The grant program reflects their commitment to supporting projects that harness the potential of decentralized blockchain technology. The future of payments, according to Ira Lakhman, Chief Operations Officer at Fuse, lies within Web3, and Fuse is at the forefront of driving that future.
FAQs
Who can apply for the Web3 Business Grant Program?
The program invites applicants from various sectors, including businesses, fintech firms, CEXs, startups, and more. It is open to those looking to bolster user acquisition strategies, implement non-custodial mobile solutions, digitize consumer clubs, address payment-related pain points, and more.
What benefits do successful applicants receive?
Successful applicants gain exclusive access to Fuse Network’s tailored ecosystem and robust infrastructure. They also receive grants designed to facilitate the development of pioneering payment systems.
How long does the application process take, and when can applicants expect a decision?
Businesses worldwide are encouraged to apply by reviewing the criteria outlined on the Fuse Web3 Business Grant website. Successful applicants can expect a final decision within two weeks after submission, reflecting Fuse’s commitment to a streamlined and efficient process.
